AM Best’s Post

Watch here: https://lnkd.in/es2jqYRb AM Best Senior Director Carlos Wong-Fupuy highlights the new Best's Market Segment Report, crediting underwriting discipline and healthy profit margins as among the contributing factors to the global reinsurance segment upgrade. #insurance #reinsurance #globalreinsurance #insuranceindustry

Interesting update on the reinsurance market dynamics after the June and July renewals. #aon #insurance #reinsurance

The rating agency S&P confirms our "A+" rating with stable outlook. 🎉 For the first time, the assessment is based on S&P's revised capital model for insurance companies. According to the adjusted criteria, Helvetia continues to have an outstanding capitalisation and balanced risk position. The unchanged rating thus confirms our continued financial strength and resilience. 📊 The full report from S&P can be found on our website: http://helv.me/g8C #Helvetia #insurance

The U.S. P/C insurance sector faced one of its most challenging years in 2023, with underwriting losses hitting a decade-high of $38 billion, according to AM Best. Severe weather, stubborn inflation, and rising reinsurance costs have all played a part in shaping an unprecedented year. Despite the hurdles, there's a silver lining with the industry still managing a pretax operating profit of $39.2 billion, thanks to higher investment yields. Our latest #InazaIndustryInsights carousel dives into the key figures and trends from AM Best's annual report. #PandCInsurance #UnderwritingLosses #InsuranceTrends #FinancialInsights #InazaIndustryInsights

Read more: https://lnkd.in/eRMyaguW Lloyd’s #reinsurance business has grown strongly in recent years, with a five-year compound average growth rate of 9%. In 2023, the market’s reinsurance premiums grew by 12.8%, driven by material growth in #property and specialty lines, and benefitting from a strong risk-adjusted rate change. #insurance #globalreinsurance #insuranceindustry #LloydsofLondon #Lloyds

Favorable market projections foresee prolonged advantageous conditions in reinsurance until 2025. Notable rate escalations and improved terms and conditions, especially in property markets, are expected to persist. Amid negotiations at the Rendez-Vous de Septembre, industry leaders highlight sustained momentum into 2024 and potentially 2025. Discussions revolve around maintaining quality, optimal capacity deployment, and aligning with clients' evolving needs. The focus remains on securing robust panels while capital raises indicate industry confidence in market longevity and strategic positioning. 📈🌐 #crire #reinsurance #insurance #insurancenews #insuranceupdates

Watch here: https://lnkd.in/e6zfFfMP AM Best considers the quality and appropriateness of #reinsurance programs, as well as reinsurance dependence, according to a new Best's Special Report discussed by Jason Hopper, associate director, AM Best. #insurance #Bermuda #insuranceindustry #globalreinsurance

With decreasing rates and excess underwriting capacity in the market, now is a better time than ever to explore RWI coverage options. Nick Tuliebitz explains in our latest M&A blog. https://bit.ly/4b4iEiW Contact us to learn more about RWI and current market conditions. #PowerThroughPartnership #MandA #RWI #Insurance #Investments

Do you know last year we assessed assets across 27 different sectors globally! 🌎 When choosing an insurance valuation partner for your business, it is crucial to choose a company with industry experience and expertise 🤩 Curious to see if your industry is one that we frequently work with? Check out our list of sectors at https://lnkd.in/emRBW-F8 #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

Riley Parnham, financial analyst, explains why AM Best has a positive market segment outlook for the Delegated Underwriting Authority Enterprise market and examines the segment's sustained growth globally over recent years. Watch here: https://lnkd.in/dhu7-qdy #insurance #DUAE #insuranceindustry